深中华A(000017) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 24,574,484.81, down 26.68% year-on-year, and down 37.93% for the year-to-date[8] - Net profit attributable to shareholders increased by 96.06% to CNY 1,040,149.76 for the period, but decreased by 77.76% year-to-date[8] - Basic earnings per share rose by 90.00% to CNY 0.0019 for the period, but decreased by 80.00% year-to-date[8] - The weighted average return on net assets was 7.42%, up from 4.25% in the previous year[8] - The net profit excluding non-recurring gains and losses for the period was CNY 1,040,149.76, an increase of 196.39% year-on-year[8] - The company reported a net loss of -1,197,307,966.33, slightly improved from -1,197,549,169.92[49] - Total operating revenue for the current period is ¥24,574,484.81, a decrease of 26.7% from ¥33,515,376.48 in the previous period[59] - Net profit for the current period is ¥1,049,832.41, an increase of 41.0% compared to ¥744,334.90 in the previous period[63] - The company achieved a profit margin of approximately 4.3% for the current period, compared to 2.2% in the previous period[63] - The company reported a comprehensive income total of -¥40,625.94 for the current period, compared to ¥1,236,251.31 in the previous period[82] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of CNY -7,317,672.68, reflecting a significant decline[8] - Cash and cash equivalents decreased from 8,889,572.73 to 3,914,027.09, a decline of approximately 56%[50] - Cash flow from operating activities for the current period is 28,864,036.40, down from 31,266,125.79 in the previous period, a decrease of about 7.7%[92] - Cash flow from investing activities shows a net outflow of 7,317,672.68, compared to a small inflow of 122,208.96 in the previous period[92] - Cash flow from financing activities results in a net inflow of 33,436.90, compared to a net outflow in the previous period[98] - The cash and cash equivalents at the end of the period stand at 8,670,156.44, down from 19,282,191.32 at the end of the previous period, a decrease of approximately 55%[98] - The company received 21,832,549.34 in cash from sales of goods and services, compared to 27,803,003.29 in the previous period, a decrease of about 21.5%[92] - The net cash flow from operating activities was -$4,441,051.60, compared to -$6,491,552.11 in the previous period, indicating an improvement[103] - Total cash inflow from operating activities amounted to $21,416,767.00, while cash outflow was $25,857,818.60, resulting in a net cash flow deficit[103] Assets and Liabilities - Total assets decreased by 6.37% to CNY 68,575,233.68 compared to the end of the previous year[8] - Total current assets decreased from 66,793,531.67 to 61,899,587.98, a decline of approximately 8.8%[43] - Total non-current assets increased from 6,449,428.50 to 6,675,645.70, an increase of about 3.5%[43] - Total current liabilities decreased from 56,262,495.43 to 51,635,394.88, a decline of about 8.3%[47] - Total liabilities remained the same at 51,635,394.88, indicating no change in non-current liabilities[47] - Total equity attributable to shareholders increased from 14,306,301.94 to 14,547,505.53, an increase of approximately 1.7%[49] - Total liabilities and equity decreased from 73,242,960.17 to 68,575,233.68, a decline of about 6.5%[49] Expenses - Operating costs fell by 36.84% to ¥57,446,763.42, reflecting a decline in business activity[22] - Sales expenses decreased by 45.43% to ¥2,377,317.42, attributed to the drop in revenue[22] - Management expenses were down by 32.09% to ¥3,263,168.76, also due to reduced business income[22] - Tax expenses for the current period are ¥16,205.37, a decrease of 72.3% from ¥58,517.27 in the previous period[59] - The company reported a significant reduction in financial expenses, with a net income of -¥18,419.39 compared to -¥41,025.16 in the previous period[59] - Sales expenses decreased to ¥501,593.81, down 68.7% from ¥1,600,868.52 in the previous period[59] - Management expenses decreased to ¥903,784.92, down 39.5% from ¥1,495,548.79 in the previous period[59] Shareholder Information - The total number of shareholders at the end of the reporting period was 53,992[12] - The largest shareholder, Shenzhen Guosheng Energy Investment Development Co., Ltd., held 11.52% of the shares[12] - There were no significant changes in the shareholding structure or related party transactions reported during the period[15] Business Developments - The company plans to raise up to ¥750 million through a non-public stock issuance for marketing network upgrades and R&D center construction[24] - The company established a new subsidiary, holding 65% of Shenzhen Xinsen Jewelry Gold Supply Chain Co., Ltd., to expand its business operations[25] Inventory and Receivables - Accounts receivable increased by 41.15% to ¥40,943,384.51, indicating extended customer payment terms[22] - Inventory rose by 44.81% to ¥3,456,156.95, in preparation for the sales peak season[22] - Prepayments decreased by 87.73% to ¥1,693,512.99, as prior year lithium battery material payments were fulfilled[22] - Inventory increased from 1,373,831.01 to 2,995,407.48, an increase of about 118%[52] Other Financial Information - The company experienced a credit impairment loss of -¥17,479.82, compared to a gain of ¥134,266.80 in the previous period[80] - The company reported a tax expense of ¥86.88, compared to ¥371,731.68 in the previous period[80] - The company has not undergone an audit for the third quarter report[107] - The company received tax refunds totaling $395,675.25 during the reporting period[103] - The company paid $5,392,327.74 in taxes during the reporting period, which is a notable increase from $1,071,443.86 in the previous period[103] - The company has not applied new financial instrument standards or new leasing standards for the current reporting period[107]